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FTAI Aviation Partners with Finnair to Provide Perpetual Power Engine Exchanges
Globenewswireยท 2025-10-13 20:15
Core Insights - FTAI Aviation Ltd. has signed a multi-year Perpetual Power Agreement with Finnair covering 36 CFM56-5B engines to enhance fleet reliability and maintenance cost predictability [1] - The Perpetual Power Program aims to provide airlines with tailored solutions to manage their fleets, reducing downtime and avoiding costly engine shop visits [2] - The agreement is expected to strengthen Finnair's ability to adapt its fleet management, improve reliability, and manage maintenance costs effectively [3] Company Overview - FTAI Aviation is a leading provider of aftermarket power for CFM56 and V2500 engines, offering Maintenance, Repair and Exchange (MRE) products that provide cost savings and flexibility to airlines [4] - Finnair is a network airline specializing in connecting passenger and cargo traffic between Asia, North America, and Europe, recognized as the Best Airline in Northern Europe for 15 consecutive years [5]